Italian PM Mario Draghi to Resign

A mere week after Britain’s Prime Minister Boris Johnson resigned, Italy’s prime minister is following suit.

Mario Draghi is set to resign at the end of day Thursday after his populist coalition partner, 5-Star, withdrew its support in a major confidence vote. 

Italian citizens across the country that have been actively protesting and calling for his resignation are now celebrating this outcome.

He said in an official statement, “I will tender my resignation to the president of the republic this evening.” 

Draghi previously served as the European Central Bank president and has been the prime minister of Italy since February 2021.

According to Reuters, the decision by the 5-Star party to boycott the confidence vote on Thursday had plunged Italy into political uncertainty and risked undermining efforts to secure billions of euros in European Union funds, tackle a damaging drought and reduce its reliance on Russian gas.

“Today’s votes in Parliament are very significant from a political point of view. The national unity majority that supported this government since its creation no longer exists,” Draghi said in his resignation statement.

Elections were set to occur in early 2023, but Draghi’s resignation means they will likely be held in the fall.

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